KUALA LUMPUR: Bank Negara Malaysia’s (BNM) proposal to abolish the flat-rate method for calculating personal financing is seen as a significant step towards improving the financial health of ...

based on an above-average rebound in the number of sales and price gains after two flat years. A lot of what happens, however, will depend on borrowing costs. “Mortgage rates may not move all ...

On Wall Street, the S&P 500 and the tech-focused Nasdaq indexes closed 0.1 per cent lower, while the Dow Jones index eked out a 15-point gain. The Aussie dollar is near US62.24c at 5pm AEDT.

Furthermore, the US Federal Reserve (Fed) lowered its key interest rate by a quarter percentage point at its December meeting on Wednesday and also projected a slower pace of cuts in 2025.

"It clearly sent a message that rates weren't going to keep going down if inflation didn't continue its decline, and we've seen inflation tick up a bit here, and that's a concern to the Fed," said ...

Traders are advised to maintain strict stop losses, as heightened volatility is expected due to Fed Interest rate decision later today and ongoing geopolitical tensions," said the technical ...

Kemi Badenoch described a flat tax rate as an “attractive idea” that her government would aim for in office (Photo: Lucy North/PA Wire) It isn’t clear how seriously we should take that ...

The White Sox announced in a press release Wednesday the team is officially changing the name of its stadium from Guaranteed Rate Field to Rate Field. This move goes in hand with a change within ...

The UK inflation rate has gone up for the second month in a row, with prices rising at their fastest pace since March. Inflation hit 2.6% in the year to November, according to official figures.